Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$3,533$3,533$296,910
Remaining term (yrs)38.138.130.0
Secondary amount$0$293,377$0
Funding fee$0$0$0
Note rate6.320%6.320%7.240%
Blended rate6.870%7.740%7.480%
1st payment$20.44$20.44$2,023.44
2nd payment$0.00$1,894.73$0.00
Taxes / mo$274.92$274.92$274.92
Insurance / mo$150.00$150.00$150.00
MI / mo$1.64$1.64$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$446.99$2,341.72$2,507.73
Cash to close$326,367$32,990$32,990